taxguy4
Level 3
3 weeks ago
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Start up companies with R&D can claim a credit against their payroll tax liability under section 41(h) and it's available each calendar quarter but only if the tax return is filed prior to quarter end. So if I can't file by 3/31, then my client permanently loses the credit availability for Q2, And the client is not interested in hearing about Lacerte's problems.